Day: January 22, 2018

There’s been a tectonic shift in what constitutes value in the public markets. At one time the predominant metric of value was a low price-to-book value, as it signified more income-producing assets (property, equipment, and machines) on company balance sheets. Over the last decade, however, value investing has proven to be a losing strategy , with a 2017 Goldman Sachs...
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The so-called FANG stocks are getting ready to show their teeth, with the four internet giants set to report their quarterly results, starting off with Netflix ( NFLX ). Netflix kicks off the internet earnings season Monday. Facebook ( FB ) follows on Jan. 31, then Amazon ( AMZN ) and Google-owner Alphabet ( GOOGL...
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It’s been about 32 years since Microsoft (NASDAQ: MSFT) joined the public stock market. At the time, the company had just publicly released Windows 1.0, and the billionaire-making juggernaut we know today was nowhere in sight. But early investors could have cashed in some magnificent returns over the years: Microsoft shares have gained a staggering 93,500% so far, and would...
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Shares of Seagate Technology PLC STX rallied to a new 52-week high of $52.77, eventually closing a tad lower at $52.62 on Jan 19. The stock gained from the positive second-quarter fiscal 2018 preliminary results. Shares of Seagate have rallied 14.4% since the announcement on Jan 8. Seagate now expects revenues to be approximately $2.9 billion compared with an increase...
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Growth-oriented investors often gravitate toward companies with double- or triple-digit sales and earnings growth. That’s certainly an easy way to narrow down the list of the highest-growth stocks, but focusing on headline numbers can cause investors to overlook “slow growth” companies with hidden growth engines. If you dig deeper into some of those slow-growth companies, you might find certain high-growth...
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There’s a reason some investors have risen to the top of their field. Whatever their respective stock-picking criteria are, they stick to them, and their successful track records justify their positions as world-class investors. Three stocks some of the world’s best investors are buying now are smartphone behemoth Apple (NASDAQ: AAPL) , pharma giant Gilead Sciences (NASDAQ: GILD) , and...
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Chipmaker Texas Instruments ( TXN ) received two price-target hikes on its stock Monday, a day before it is set to reveal its December-quarter results. Jefferies raised its price target on TI to 150 from 111 and reiterated its buy rating on the stock. It also added the stock to its “franchise pick list.” RBC...
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For years, a key pillar of Apple ‘s (NASDAQ: AAPL) iPhone pricing strategy has been to sequentially cascade models down to successively lower price points each year following the release of new models. This has been crucial for a number of reasons. Doing so allowed Apple to address lower and more affordable price points, bolstering unit sales. The company was...
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In the Global Week Ahead, I see five veins to mine — for insights into the future direction — of these highly valued, momentum trading global equity markets. We haven’t yet felt a new tone in 2018, at least one that is fundamentally different from the heady, low volatile markets of 2017. Hitting on multiple fronts, that heady bullish tone...
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